Patek Philippe - The Hong Kong Watch Auction: XVI Hong Kong Wednesday, May 24, 2023 | Phillips
  • Manufacturer: Patek Philippe
    Year: Circa 2003
    Reference No: 5050R-012
    Movement No: 1’957’943
    Case No: 4’050’782
    Material: 18K pink gold
    Calibre: Automatic, cal. 315 S-QR, 31 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K pink gold Patek Philippe deployant clasp
    Dimensions: 35mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Gübelin AG Switzerland and dated December 2003, instruction manual, product literature, leather folio, additional solid caseback, setting pin, fitted winding presentation box and outer packaging.

  • Catalogue Essay

    Together with the officer-cased ref. 5059 and ref. 5159, the Patek Philippe ref. 5050 was launched at the 1993 Basel Fair, stunning the horological world with an unusual complication that combines a perpetual calendar with retrograde fly-back date and center seconds.

    Synonymous with elegance and sophistication, this model was delivered in yellow, pink, white gold, and platinum. The initial examples with railway divisions and Roman numerals were quickly phased out and were ultimately replaced by the baton indexes, as per the present timepiece. Discontinued in 2003, only an estimated 150 pink gold examples were made, according to our researches. Originally retailed by the prestigious Gübelin Salon in 2003, this pink gold 5050R-012 is the last of its kind and now offers collectors a fantastic chance to acquire a well-preserved example with its complete set of original accessories.

  • Artist Biography

    Patek Philippe

    Swiss • 1839

    Since its founding in 1839, this famous Geneva-based firm has been surprising its clientele with superbly crafted timepieces fitted with watchmaking's most prestigious complications. Traditional and conservative designs are found across Patek Philippe's watches made throughout their history — the utmost in understated elegance.

    Well-known for the Graves Supercomplication — a highly complicated pocket watch that was the world’s most complicated watch for 50 years — this family-owned brand has earned a reputation of excellence around the world. Patek's complicated vintage watches hold the highest number of world records for results achieved at auction compared with any other brand. For collectors, key models include the reference 1518, the world's first serially produced perpetual calendar chronograph, and its successor, the reference 2499. Other famous models include perpetual calendars such as the ref. 1526, ref. 3448 and 3450, chronographs such as the reference 130, 530 and 1463, as well as reference 1436 and 1563 split seconds chronographs. Patek is also well-known for their classically styled, time-only "Calatrava" dress watches, and the "Nautilus," an iconic luxury sports watch first introduced in 1976 as the reference 3700 that is still in production today.

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Σ1046

Ref. 5050R-012
An attractive, rare and elegant pink gold perpetual calendar wristwatch with center seconds, retrograde date, moon phases, leap year indication, additional solid caseback, Certificate of Origin and presentation box

Circa 2003
35mm diameter
Case, dial, movement and clasp signed

Estimate
HK$250,000 - 500,000 
€29,200-58,400
$32,100-64,100

Sold for HK$381,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001
WatchesHK@phillips.com

The Hong Kong Watch Auction: XVI

Hong Kong Auction 24 - 25 May 2023